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Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.

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The Fire Coin Global Station is scheduled to open dogcoin (DOGE) recharge operations on April 4 at 9:00 Singapore time. Open DOGE/USDT, DOGE/BTC, DOGE/ETH trading on April 4 at 17:00. Dogecoin (DOGE) withdrawals are open at 17:00 on 4 April.

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Mining needs to be validated around a concept: incentive. Mining consumes a lot of resources, and very few people do it for free. If there is no incentive, people will stop mining very directly. Miners also happen to be the backbone of any tight currency. Miners broker deals and protect networks. If Dogecoin limits total supply, miners will have no reason to continue mining. As a result, the power of the network weakens and becomes vulnerable, and many problems occur, including the infamous 51 percent attack.

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Research chain Insight Chain (INB) today released the results of a recent DOGE investment study. As of the time of writing, 260 valid questionnaires had been collected in Insight DApp, of which 65.8 per cent of investors did not know about DOGE and had only heard of it; Currently 40.4 per cent of investors do not invest in DOGE;

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While soaring transaction costs can be an indicator of increasing demand for more popular blockchains, they may also make some popular use cases less viable. With Bitcoin and Ethereum, networks are usually close to or at full capacity, and rising prices and soaring transaction costs show a clear correlation. This is often not the case for networks such as Dash and Dogecoin.